Market Insight: February 23, 2012


Africa

•  Ugandan Central Bank says “strong indications” that it is winning war against inflation
•  Egypt Islamists dominate Parliament ahead of 25 Jan anniversary of revolt
•  Rwandan foreign investment rose 57% in 2011 to $626mill

Nigeria

•  ASI +25bps, $8.75mill. Action continues to be focused on Guinness and NB
•  Bombings of government buildings by Boko Haram group in Kano claimed at least 176 lives

Kenya

•  NSE20 -60bps, $4.9mill. Improved vols with cross in EQBNK dominating the days activity, closing unch at 15.90
•  KenolKobil wins tender for Murban Oil delivery

Botswana

•  DCI unch, $888k

Mauritius

•  Semdex -57bps, $1.7mill

South Africa

•  Top40 +36bps, $1.79bn

Zambia

•  LuSE -1.66%, $229k

Zimbabwe

•  Ind -1.33%, Mining unch, $1.6mill
 

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